Why ASX tech shares are crashing on Wednesday
ASX tech shares are bearing the brunt of the selloff on Wednesday as rising US Treasury yields see investors rotate out of high-growth sectors.
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ASX tech shares are bearing the brunt of the selloff on Wednesday as rising US Treasury yields see investors rotate out of high-growth sectors.
The NextDC Ltd (ASX: NXT) share price could be a mover on Friday following a record FY21 performance and strong development pipeline.
The S&P/ASX 200 Index (ASX:XJO) was flat today. However, the Wesfarmers Ltd (ASX:WES) share price dropped after releasing its FY21 report.
These ASX shares are the latest buy ideas from top brokers These ASX shares are the latest buy ideas from top brokers Investors hunting for bargains will want to put these ASX shares on their watchlist, according to our leading brokers. Brendon’s passion for shares started by accident in 2003 and he has worked in various roles around capital markets ever since as a trader, stock analyst and markets reporter with the Australian Financial Review. Most of his wealth has come from share investing than any other asset class, and that has given him the financial freedom not to work full-time, if ...
Image Source: Getty Images Brokers are constantly looking for opportunities and this article is about two ASX tech shares that are buy-rated. Technology businesses are able to grow quickly and achieve relatively high profit margins because of the low cost nature of software. Here are two ASX tech shares that brokers like right now: Hub24 is one of the leading financial technology businesses on the ASX with a market capitalisation of around $1.9 billion. It has the Hub24 platform and HUBconnect business offerings. The platform offers advisers and their clients a range of investment options, su...